What does your broker really charge you?
Advertised spread isn't your cost. Your PipTax — the all-in price of every trade — is spread plus commission plus swap, and it reorders the "cheapest broker" table depending on how you trade. Run your profile through the tool and see the maths, itemized.
The cost tool
Runs entirely in your browser — your inputs are never sent anywhere. Reference profile shown first: 20 trades/month, 0.5 lots. Adjust to match how you trade.
→ See what this does to £10,000 over a month — the same cost, compounded across a month of trading.
Most retail investor accounts lose money when trading CFDs — check each broker's own current risk disclosure before opening an account. How we calculate this · How we make money.
Why "lowest spread" lists get it wrong
Spread
The gap between buy and sell price — paid on every single trade. Advertised minimums are marketing; session averages are what you actually pay.
Commission
Raw-pricing accounts charge per lot instead of widening the spread. Whether that's cheaper for you depends entirely on your trade size and frequency — there is no universal answer.
Swap
The overnight financing charge most traders discover by surprise. Hold positions past rollover and it can quietly outgrow both the others.
The number nobody shows you
Trading costs are the one part of that equation you fully control. That's what this site is for — nothing more, nothing less.
Your personal cost audit — live now
Upload your MT4/MT5 statement and get your own number: commission and swap to the penny from your statement, your true net P/L plotted across the period, and what the identical trades would have cost at each broker we compare. Includes the honest answer "your current broker is already cheapest for you" when that's what your data says.
🔒 Read entirely in your browser — your statement is never uploaded to us. No account, no credentials. Past costs do not predict future costs.
Audit my statement →Our rules
- Rankings never read affiliate data. The ranking is computed from cost inputs only. Brokers may pay us a disclosed referral fee when you open an account through our links — it cannot change your result, and we show brokers we have no partnership with.
- Same numbers for every visitor. One reference profile, one ranking logic, identical for everyone. No personalised "deals", no segment-specific facts.
- We show our working. Every figure carries its source and an as-of date, and the full method is published. If you find an error, we correct it and say so.
- No advice, no signals, no promises. We compute costs. Whether and what you trade is your business.